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HOOSIER UNITED CREDIT UNION

Jun, 30, 2021 — HOOSIER UNITED CREDIT UNION is a federally insured state chartered credit union headquartered in Indianapolis, IN with 2 branch locations and about $27.05 million in total assets. Opened 90 years ago in 1931, HOOSIER UNITED CREDIT UNION has about 2,827 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 274073863
Name:HOOSIER UNITED CREDIT UNION
Address:
(Main Office)
1828 N Meridian St Ste 102
Indianapolis, IN 46202-1452
Phone:(317) 923-4747
Fax:(317) 923-4830
Website:http://www.hoosierunitedcu.com
Branches:2 branch locations
Members:2,827
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67648
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1931
Last Audited:Aug 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$27,049,059
CEO/Manager:Jennifer K Mulligan
Chairperson:David Brokaw

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,529,827
TOTAL INVESTMENTS 14,294,430
Loans Held for Sale 0
 
 Real Estate Loans 211,275
 Unsecured Loans 1,678,107
 Other Loans 7,013,201
 TOTAL LOANS 8,902,583
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -55,124
 Land And Building 0
 Other Fixed Assets 2,773
 NCUSIF Deposit 222,572
 All Other Assets 151,998
  TOTAL ASSETS 27,049,059
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 37,388
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,538,823
 Regular shares 15,442,251
 All Other Shares & Deposits 4,822,914
  TOTAL SHARES & DEPOSITS 24,803,988
  TOTAL LIABILITIES 24,841,376
 Regular Reserve 737,606
 Other Reserves 636,163
 Undivided Earnings 833,914
  TOTAL EQUITY 2,207,683
  TOTAL LIABILITIES, SHARES, & EQUITY 27,049,059
INCOME & EXPENSE  
 Loan Income 250,190
 Investment Income 58,377
 Other Income 32,997
 Total Employee Compensation & Benefits 177,025
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 209,385
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,606
 Cost of Funds 2,406
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 64,457
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